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    902 College Rd Wilmington, NC 28403

    For Lease
    Contact for pricing

    Prime Wilmington Office, 1 Acre Lot

    Lot size:
    1 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional executive office suite, located at 902 South College Road in Wilmington, North Carolina, presents a unique investment opportunity. The property boasts a single-tenant occupancy, ideal for a business seeking a dedicated and private workspace. Situated on a generous 0.81-acre lot, the building offers ample space and potential for expansion or future development. The property's address is 902 College Rd, Wilmington, NC 28403, within New Hanover County. The building's total square footage is 1 square foot, indicating a compact and efficient layout, perfect for a smaller executive team or a specialized business. Given its location in Wilmington, NC, the property benefits from the city's vibrant business environment and convenient access to local amenities. The property type is classified as an office building, specifically an executive office suite, suggesting a high-quality finish and professional atmosphere. The single-tenant occupancy ensures a streamlined management process and potentially stable income stream. This property is an excellent choice for a business seeking a prestigious and functional office space in a desirable location. The property's compact size and prime location make it an attractive option for businesses seeking efficiency and accessibility. Further details regarding the internal layout and specifications are available upon request. The property's location in New Hanover County provides access to a range of local services and infrastructure.

    Property Features for 902 College Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF

    HighLights

    • Located at the signalized intersection of South College Road and Wilshire Boulevard.
    • Major retail corridor with 49,500 vehicles per day (VPD) on South College Road.
    • Excellent visibility and accessibility.
    • Less than one mile from the University of North Carolina Wilmington (UNCW) campus.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turning Pointe Dance ... Non-Profit Organization Wilmington Conservatory of Fine ... Dance School Walsh Kelley School ... Dance School

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wilmington
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.8710285
    Latitude
    34.2253022

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Wilmington Office, 1 Acre Lot
    Where is this office property / space located?
    The property is located at 902 College Rd Wilmington, NC.
    What are key features of this property?
    This property features: Located at the signalized intersection of South College Road and Wilshire Boulevard.; Major retail corridor with 49,500 vehicles per day (VPD) on South College Road.; Excellent visibility and accessibility.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    902 College Rd Wilmington, NC 28403
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